Share Samadhan IPO vs SPP Polymers IPO

Comparision between Share Samadhan IPO and SPP Polymers IPO.

IPO Details

Share Samadhan IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while SPP Polymers IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Share Samadhan IPO	SPP Polymers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Narnolia Financial Services Ltd	Interactive Financial Services Ltd
Registrar	Skyline Financial Services Private Ltd	Kfin Technologies Limited
Market Maker	Nikunj Stock Brokers Limited	B.N. Rathi Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Share Samadhan IPO is up to ₹24.06 Cr whereas the issue size of the SPP Polymers IPO is up to ₹24.49 Cr. The final issue price of Share Samadhan IPO is ₹74.00 per share and of SPP Polymers IPO is ₹59.00 per share.

	Share Samadhan IPO	SPP Polymers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹70.00 per share
Issue Price (Upper)	₹74.00 per share
Issue Price (Final)	₹74.00 per share	₹59.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	32,51,200 shares	41,50,000 shares
Fresh Issue Size (Amount)	up to ₹24.06 Cr	up to ₹24.49 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,51,200 shares	41,50,000 shares
Issue Size Total (Amount)	up to ₹24.06 Cr	up to ₹24.49 Cr

IPO Timetable

Share Samadhan IPO opens on Sep 09, 2024, while SPP Polymers IPO opens on Sep 10, 2024. The closing date of Share Samadhan IPO and SPP Polymers IPO is Sep 11, 2024, and Sep 12, 2024, respectively.

	Share Samadhan IPO	SPP Polymers IPO
Anchor Bid Date	Sep 06, 2024
Issue Open	Sep 09, 2024	Sep 10, 2024
Issue Close	Sep 11, 2024	Sep 12, 2024
Basis Of Allotment (Tentative)	Sep 12, 2024	Sep 13, 2024
Initiation of Refunds (Tentative)	Sep 13, 2024	Sep 16, 2024
Credit of Share (Tentative)	Sep 13, 2024	Sep 16, 2024
Listing date (Tentative)	Sep 16, 2024	Sep 17, 2024
Anchor Lockin End date 1	Oct 12, 2024
Anchor Lockin End date 2	Dec 11, 2024

Financials

Share Samadhan IPO P/E ratio is 17.07, as compared to SPP Polymers IPO P/E ratio of 66.72.

Share Samadhan IPO

SPP Polymers IPO

Financial

Share Samadhan Limited Financial Information (Restated Consolidated)

Share Samadhan Limited's revenue increased by 261% and profit after tax (PAT) rose by 716% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	1,422.31	478.88	425.54
Revenue	996.13	276.14	242.14
Profit After Tax	391.01	47.92	60.7
Net Worth	1,128.79	359.27	313.84
Reserves and Surplus	226.9	248.15	202.73
Total Borrowing	87.09	61.85	60.38
Amount in ₹ Lakhs

SPP Polimers Limited Financial Information (Restated Consolidated)

SPP Polimers Limited's revenue increased by 40% and profit after tax (PAT) rose by 83% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,619.39	7,091.89	5,417.98	3,821.87
Revenue	2,895.85	9,381.29	6,677.47	8,077.96
Profit After Tax	91.33	99.4	54.42	28.01
Net Worth	2,591.64	2,500.3	2,433.64	1,971.82
Reserves and Surplus	1,500.27	1,408.93	2,152.61	1,697.22
Total Borrowing	1,871.94	1,897.82	2,215.18	1,262.21
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

85.05%

94.99%

Promoter Shareholding (Post-Issue)

62.52%

69.37%

P/E Ratio

17.07

66.72

Market Cap

₹90.80 Cr.

₹90.81 Cr.

ROE

34.64%%

8.01%%

ROCE

47.99%%

4.27%%

Debt/Equity

0.71

EPS

₹4.34

₹0.88

RoNW

34.64%%

3.98%%

Shares Offered

In the Share Samadhan IPO retail investors (RII) are offered 10,81,600 shares while in SPP Polymers IPO retail investors are offered 10,81,600 shares. Qualified institutional buyers (QIB) are offered 6,19,200 shares in Share Samadhan IPO and 0 shares in SPP Polymers IPO.

	Share Samadhan IPO	SPP Polymers IPO
Anchor Investor Reserveration	9,23,200 shares
Market Maker Reserveration	1,63,200 shares	2,10,000 shares
QIB	6,19,200 shares	0 shares
NII	4,64,000 shares	19,70,000 shares
RII	10,81,600 shares	19,70,000 shares
Employee	0 shares	0 shares
Others
Total	21,64,800 shares	39,40,000 shares

Bids Received (Subscription)

Share Samadhan IPO subscribed 14.59x in total, whereas SPP Polymers IPO subscribed 12.05x.

	Share Samadhan IPO	SPP Polymers IPO
QIB (times)	2.66x
NII (times)	22.44x	2.98x
Big NII (times)
Small NII (times)
RII (times)	18.04x	21.13x
Employee (times)
Other (times)
Total (times)	14.59x	12.05x

Compare with others

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SPP Polymers IPO	Innomet Advanced Materials IPO
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